Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Politics

Thu, Jun 25, 2026 12:23 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

UK Government Spent Over $200 Million for Queen Elizabeth's Funeral

May 19, 2023 09:20 am UTC| Politics

The British Treasury said this week that the overall cost of the state funeral and other events related to the countrys longest-reigning monarch Queen Elizabeth was over $200 million. The amount was mainly used for...

US: Democratic Senators Call on Biden to Invoke 14th Amendment to Prevent Debt Default

May 19, 2023 08:48 am UTC| Politics

A group of Democratic Senators has called on US President Joe Biden to prepare to invoke the 14th Amendment of the countrys constitution to keep the United States from going into default. The preparation comes as Biden...

South China Sea: Vietnam Criticizes China, Philippines for Violating Sovereign Rights in Disputed Waters

May 19, 2023 08:17 am UTC| Politics

The Vietnamese foreign ministry accused both China and the Philippines of separate incidents that breached its sovereign rights in the disputed waters. The latest criticism comes amidst tensions in the waters China claims...

Japan Estimates $22.2 Billion for Childcare Policy to Address Low Birth Rate

May 19, 2023 08:13 am UTC| Politics

The Japanese government is reportedly estimating shoring up over $22 billion in funds annually for a childcare policy introduced by Prime Minister Fumio Kishida. The policy aimed to tackle the declining birth rates in...

Russia-Ukraine War: Kyiv Denies Russia Claim of Destroying Patriot Missile System

May 18, 2023 11:13 am UTC| Politics

Ukraine has denied Russias claims of having destroyed the US-made Patriot missile defense system during an overnight strike on Ukraines capital Kyiv this week. Kyiv said that such claims are just Russian propaganda. On...

Russia-Ukraine War: Kyiv Tells Chinese Envoy Ukraine Will Not Accept Ceding Land to Russia

May 18, 2023 10:06 am UTC| Politics

The Ukrainian foreign minister told the visiting Chinese envoy that Kyiv would not accept any peace proposals that would involve ceding territories to Russia as the war continues. The comments come amidst Moscows ramped-up...

UK: Northern Ireland Holds Local Elections as DUP Looks to Boost Efforts in Obtaining Concessions on Post-Brexit Trade Deal

May 18, 2023 09:53 am UTC| Politics

Northern Ireland is set to hold its local elections for council positions this week. The elections come as the Democratic Unionist Party is looking to use the elections as an opportunity to boost its calls for concessions...

1451 1452 1453 1454 1455 1456 1457 1458 1459 1460

Economy

Oil Prices Drop as Strait of Hormuz Shipping Recovers

Global oil prices declined sharply on Wednesday as concerns over supply disruptions in the Middle East eased following the recovery of shipping traffic through the Strait of Hormuz. Brent crude and U.S. West Texas...

Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers

U.S. President Donald Trump has asked Congress to approve more than $11 billion in additional farm aid to help American farmers cope with soaring fuel and fertilizer expenses linked to the recent Iran conflict. According...

Gold Falls Below $4,000 as Strong Dollar and Fed Rate Hike Expectations Weigh on Prices

Gold prices extended their losses on Wednesday, with spot gold dropping below the key $4,000 per ounce level for the first time since November 2025. The decline came as a stronger U.S. dollar and renewed expectations of...

U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand

The U.S. dollar strengthened on Wednesday, climbing to its highest level in more than a year as investor demand for safe-haven assets increased amid weakness in technology stocks and continued expectations of Federal...

Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings

Wall Street closed mixed on Wednesday as investors remained cautious toward technology stocks ahead of Micron Technologys highly anticipated earnings report. Concerns surrounding semiconductor stocks and the broader...

Politics

Pelosi Discloses Major Intel and Uber Call Option Purchases Worth Up to $6 Million

Representative Nancy Pelosi has disclosed a new financial transaction report revealing that her spouse, Paul Pelosi, purchased substantial call options in Intel Corporation (NASDAQ: INTC) and Uber Technologies Inc. (NYSE:...

Trump Orders DOJ Investigation Into Exxon, Chevron Over High Gas Prices

President Donald Trump announced that the U.S. Department of Justice (DOJ) is investigating ExxonMobil, Chevron, and other major oil companies over persistently high gasoline and natural gas prices. The move comes amid...

NATO Chief Tries to Ease Trump Alliance Dispute

NATO Secretary-General Mark Rutte sought to reduce tensions with U.S. President Donald Trump during a White House meeting on Wednesday, emphasizing that most NATO allies have continued to support the United States despite...

U.S. Reviewing Potential F-35 Fighter Jet Sale to Turkey Amid S-400 Dispute

The United States is reviewing the possibility of selling F-35 fighter jets to Turkey, according to comments made by U.S. Vice President JD Vance on Wednesday. The move signals a potential shift in relations between...

White House Seeks $1.4 Billion to Combat Growing Ebola Outbreak

The White House is preparing to request more than $1.4 billion in emergency funding from Congress to strengthen the response to the rapidly expanding Ebola outbreak, according to a Trump administration official. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast

Micron Technology (NASDAQ: MU) delivered a stronger-than-expected fiscal third-quarter performance and issued an optimistic outlook for the fourth quarter, sending its shares up nearly 9% in after-hours trading. The...

Anthropic AI Model Uncovers Vulnerabilities in Classified U.S. Government Systems During Security Test

Anthropics advanced artificial intelligence model identified vulnerabilities in classified U.S. government computer systems during a recent security testing exercise, according to a report by the Associated Press citing a...

Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan

Samsung Electronics shares rallied sharply on Wednesday after a report suggested the company could launch a substantial share buyback program worth nearly 90 trillion won ($59 billion) over the next three years. The...

SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom

South Korean memory chip giant SK Hynix is reportedly preparing to take a major step toward a U.S. market debut by filing documents for an American Depositary Receipt (ADR) offering with South Koreas financial regulator....

Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock

Cerebras Systems delivered a strong revenue outlook for 2026 that exceeded Wall Street expectations, but investors remained cautious as the companys profit margin forecast highlighted the challenges of competing with AI...